Namibia Asset Management marked three decades of growth from managing a few hundred million Namibian dollars in assets to overseeing more than N$23 billion today, representing over 7% of Namibia's national savings.
Finance Minister Erica Shafudah says the Financial Institutions and Market Act (FIMA) will deliver meaningful benefits across all segments of society.
The act aims to strengthen consumer protection, promote financial inclusion and enhance regulatory oversight, among other things.
Namibia's Micro, Small, and Medium Enterprises sector (MSMEs) is the backbone of the national economy, but many businesses remain constrained by limited access to markets, finance, and structured development support.
The governments of Zambia and Israel have signed an amendment agreement relating to the restructuring of approximately $460 million in debt owed to the Middle Eastern country.
Namibia's international reserves rose to N$51.8 billion in March, according to a financial review by First National Bank (FNB).
The National Executive Committee of the Namibia Federation of People with Disabilities in Namibia (NFPDN) has suspended its Chairperson, Matheus Hashongo, over alleged misappropriation of funds.
The federation's National Executive Committee, in a statement, said Hashongo was suspended on 18th March.
The Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp, said the Education Development Fund does not have a financial reporting framework in place yet.
Zambia has successfully concluded its extended International Monetary Fund Credit Facility programme.
NamPost has announced additional supplementary payout dates for children's cash grants, following a request from the beneficiaries.
The supplementary payout dates run from Friday until Saturday.
For the 2025 financial year, Mobile Telecommunications Limited - MTC recorded an impressive 14,4% increase in revenue, growing from N$ 3,2 billion in 2024 to N$ 3,7 billion this year.
